Check out the deals of CPG in 2012. Pay attention at the deal with RELIABLE ENERGY which shows the WORST CASE scenario for SCS:
January 2012: CPG bought Wild Stream (TSX Venture: WSX) for $611 million, adding production of approximately 5,400 boepd.
February 2012: CPG bought assets in the Viewfield Bakken light oil resource play in southeast Saskatchewan from PetroBakken (PBKEF.PK) for $427 million in cash, adding 2,900 boepd (85% oil and liquids) in production.
February 2012: Crescent Point also acquired Manitoba light oil assets (70% oil and liquids) with production of just 940 boepd for $130 million.
March 2012: CPG acquired the majority stake in Reliable Energy that it didn't already own for about $99 million. The deal added production of approximately 1,000 boepd (65% oil and liquids) from the Bakken light oil play.
Reliable Energy was HEAVILY IN DEBT. This shows that SCS can get AT LEAST $200M as it has DOUBLE production and MORE OILY production than Reliable Energy.
Excluding the net debt, it gives a market cap of $90 M MINIMUM, which is $1.1/share !